Question

Europe 1650 - 1815 Unit Test
15 of 1915 of 19 Items
Question
How did Adam Smith feel about institutional economic interference under mercantilism?(1 point)
Responses

Smith felt that institutional economic interference under mercantilism helped wealth grow. These systems should be left alone to shift under the influence of economic markets until interference was needed.
Smith felt that institutional economic interference under mercantilism helped wealth grow. These systems should be left alone to shift under the influence of economic markets until interference was needed.

Smith felt that institutional economic interference under mercantilism prevented wealth from growing. Instead, people in power, not economic markets, should interfere with these systems.
Smith felt that institutional economic interference under mercantilism prevented wealth from growing. Instead, people in power, not economic markets, should interfere with these systems.

Smith felt that institutional economic interference under mercantilism prevented wealth from growing. Instead, these systems should be left alone to shift under the influence of industrializing nations.
Smith felt that institutional economic interference under mercantilism prevented wealth from growing. Instead, these systems should be left alone to shift under the influence of industrializing nations.

Smith felt that institutional economic interference under mercantilism prevented wealth from growing. Instead, these systems should be left alone to shift under the influence of economic markets.

Answer 1

Smith felt that institutional economic interference under mercantilism prevented wealth from growing. Instead, these systems should be left alone to shift under the influence of economic markets.